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IDFC reports 11-fold jump in Q3

11 Feb 2019 Evaluate

IDFC has reported results for third quarter ended December 31, 2018.

The Bank has reported around 11-fold jump in its net profit at Rs 26.28 crore for the quarter under review as compared to Rs 2.40 crore for the same quarter in the previous year. However, total income of the Bank decreased by 40.65% at Rs 7.87 crore for Q3FY19 as compared Rs 13.26 crore for the corresponding quarter previous year.

IDFC is the country’s leading integrated infrastructure finance player providing end to end infrastructure financing and project implementation services.

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